Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire

Billionaire Wealth Breaks All Records in Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
02 Feb 2021
🖨️ Print Article

Margaret Kimberley · Billionaire Wealth Breaks All Records in Crisis

The US billionaire class has grown at unprecedented speed during the pandemic and economic crises, increasing their wealth by over a trillion dollars and adding 46 new oligarchs to their numbers, according to a report by the Institute for Policy Studies. Never has the world seen wealth accumulation at such a scale, said Omar Ocampo, a researcher for the study. “We need to create an economic system that does not allow for wealth tobe extremely concentrated,” said Ocampo. “ This could be done by “growing the labor movement” and instituting “workplace democracy and worker ownership.”

 

Late Stage Capitalism

Related Podcasts

Democrats Deploy “Diversity” to Mask Renewed War and Austerity
Black Agenda Radio with Margaret Kimberley and Glen Ford
Democrats Deploy “Diversity” to Mask Renewed War and Austerity
15 December 2020
The “new regime is just a return to the old regime of endless austerity and war,” said Duboisian scholar Dr Anthony Monteiro, an o
Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?
Black Agenda Radio with Margaret Kimberley and Glen Ford
Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?
27 July 2020
The Covid-19-sparkd global economic depression is “a singular event in the history of world capitalism,” said Duboisian scholar Anthon
Reading During “Perfect Storm” of Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
Reading During “Perfect Storm” of Crisis
29 June 2020
Medical, economic and political crises have combined to create a “perfect storm for reading, because of the ways that the ideology of whiteness has

More Stories


  • Rodrigo Durão Coelho
    15 million Venezuelans enlist to defend their country amid U.S. threats, says ex-diplomat Carlos Ron
    29 Oct 2025
    He stresses, however, that the atmosphere is not one of panic despite the possibility of military aggression.
  • Pablo Meriguet
    Cuba denounces Trump admin pressuring countries to change their vote against the 62-year US blockade
    29 Oct 2025
    The Cuban foreign minister has stated that, in addition to diplomatic pressure, intimidation has been exerted on certain countries that condemn the economic blockade that Washington has maintained on…
  • Jemima Pierre and Mark Lamont Hill
    Jemima Pierre, BAR Editor and Contributor
    'Leave us alone': Scholar Jemima Pierre on ending Haiti’s foreign occupation
    29 Oct 2025
    As foreign troops, private contractors, and international powers tighten their grip on Haiti, the country is facing one of the worst crises in its modern history. But who is really to blame? On…
  • BAR Radio Logo
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio October 24, 2025
    24 Oct 2025
    In this week’s segment, we focus on Africa. We hear about the Black Alliance for Peace Month of Action Against AFRICOM and about African governments that cooperate with the Trump administration's…
  • Protest in Africa
    Black Agenda Radio with Margaret Kimberley
    International Month of Action Against AFRICOM
    24 Oct 2025
    Netfa Freeman and Margaret Kimberley are among the Co-Coordinators of the Black Alliance for Peace Africa Team.
  • Load More
Subscribe
connect with us
about us
contact us